Sep 28, 2021
Get a new real estate perspective! In today’s episode, we’re going to dive into them! Christopher Ressa joined DLC Management Corp. in 2007. During his 10 years in the company, his relationships, real estate expertise, and leadership led to numerous successful repositioning of assets. With a track record of consistently beating budgets and increasing NOI, Chris has played a significant role in the overall growth of the organization. Now, as the Chief Operating Officer, Chris oversees DLC’s $2.5 billion asset portfolio and is responsible for all property-level operations including leasing, property management and construction, and marketing on all owned assets. Despite a hectic work schedule, Chris invests a significant amount of his personal time creating thought-provoking content and sparking great engagement on social media and his presence on LinkedIn is no less impressive as he has over 28,000 followers and often tops the trending board with his retail real estate.
[00:01 - 04:50] Opening Segment
- Let’s get to know today’s guest, Christopher Ressa
- A lot of work with a hope of being fruitful
- Chris shares about his real estate life journey
- Tenant turned landlord developer
[04:51 - 12:46] Managing 2bn in Retail Assets
- What is retail?
- Chris talks about the opportunities in retail
- Retail is not dead
- Scaling retail vs scaling e-commerce
[12:47 - 28:39] Retail is on FIRE
- What are department stores doing?
- Getting closer to the consumer: Why and How
- “It’s not all lollipops but there are opportunities.”
- Chris talks about his content
[28:40 - 32:22] Final Four Segment
Tweetable Quotes
“The retail landscape is complex. I find that exciting.” - Christopher Ressa
“I think we have too many digital stores in America, way more than we do physical stores.” - Christopher Ressa
“If you want to get close to the consumer, retail real estate is where it is.” - Christopher Ressa
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Connect with Christopher Ressa through cressa@dlcmgmt.com and LinkedIn. Visit his website https://www.dlcmgmt.com/ and listen to his podcast, Retail Retold.
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